The revised submission deadline for DAC6 has been set for 31 January 2022 for the following reportable cross-border arrangements: 

•    made between 25 June 2018 and 30 June 2020 and had to be submitted by 28 February 2021;

•    made between 1 July 2020 and 31 December 2020 and had to be submitted by 31 January 2021;

•    made between 1 January 2021 and 1 January 2022, that had to be submitted within 30 days from the date they were made available for implementation or were ready for implementation or the first step in the implementation has been made, whichever occurred first;

•    for which secondary intermediaries provided aid, assistance or advice, between 1 January 2021 and 1 January 2022 and had to submit information within 30 days beginning on the day after they provided aid, assistance or advice; and

•    the periodic reports for marketable arrangements.

The Tax Department has clarified that no administrative fines will be imposed for the overdue submission of DAC6-related information that will be submitted until 31 January 2022 for the above-listed cases.

This newsletter article is an update to our earlier article entitled: DAC6: Cyprus Tax Department revises submission deadline.

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